Hey Waldo.
It is hard to have an idea of what JAT management are thinking, In relation to repayment of the $5mil loan.
In the last report, It was stated that there is significant expenditure incurred on increasing inventory levels
to meet increased demand. Both domestically and abroad.
A lot of the inroads JAT made in the last 18 months or so will commence in the December quarter.
So the only rationale I can come up with, Is they would rather have the $8.5mil in the bank
to have funds on hand to meet demand. Nothing worse than getting orders you can't fill due to lack of funds.
So maybe short -term pain in a higher interest loan is the lessor of two evils?
I remain confident in the future of JAT,
Appreciate your comments and continued interest in JAT!
Cheers, enjoy your day!
Hey Waldo.It is hard to have an idea of what JAT management are...
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Last
74.0¢ |
Change
0.050(7.25%) |
Mkt cap ! $61.61M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 74.0¢ | 70.0¢ | $290.0K | 398.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44780 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.0¢ | 124551 | 3 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| JAT (ASX) Chart |